Functional Expense Statement with all the expenses allocated to either program services, fundraising, or operations.

Individual Program Expense Statement that reports all of the expenses for each program or service like seminar programs or educational mailings.

Revenue Support Schedules that detail the organization’s sources of income in specific categories like charitable donations, membership fees, investment income.

The IRS uses these very specific revenue and expense classifications to determine if your organization will retain its tax-exempt status. So it’s imperative that you build your accounting system around these revenue and expense classifications.